RENTED JAN 6, 2025

4866 Riverchase Dr Troy, MI 48098

Estimated Value: $893,753

4 Beds
5 Baths
3,901 Sq Ft
$229/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Deck
  • Cul-De-Sac
  • Schroeder Elementary School Rated A+
  • Covered Patio or Porch
  • 3 Car Attached Garage

About This Home

As of January 2025

Discover your dream home in this exquisite original builder’s model, offering nearly 4,000 square feet of luxurious living space. Featuring 4 spacious bedrooms and 3 full and 2 half bathrooms, this house has the location and the space you need! Two elegant fireplaces that add warmth to the inviting atmosphere. The heart of the home, the large kitchen, boasts beautiful granite countertops and ample space for cooking, storage and entertaining. Enjoy the beautifully landscaped exterior, complete with a generous backyard and a deck, perfect for outdoor gatherings and relaxation. 3 car side entry garage is large enough for all your cars and storage. Situated on a quiet cul-de-sac in a sought-after neighborhood with highly regarded Troy schools, you’ll also benefit from quick access to downtown Birmingham and major highways. Don’t miss this opportunity to lease a truly exceptional home! BATVAI

Last Agent to Rent the Property

Corey Light

@properties Christie's Int'l R.E. Birmingham License #6501350865 Listed on: 10/22/2024

@properties Christie's Int'l R.E. Birmingham

Co-Listed By

Pierre Binandeh

@properties Christie's Int'l R.E. Birmingham License #6501398502

Last Renter's Agent

James J. Kakos

KW Professionals License #6501446953

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,354

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 88.00 x 175.00
  • Cul-De-Sac

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,901 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Kitchen

  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • 12 Month Lease Term
  • 24 Month Lease Term
  • Application Fee: 40.00
  • Assessor Parcel Number 2018229004

Community Details

Overview

  • Https://Www.Oakriverwest.Org Association
  • Oak River Sub No 4 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,354

Year Built

Built in 1989

Lot Details

0

HOA Fees

$19 per month

Rental Info

  • Application Fee: 40.00
  • Lease Type: Single Family House
  • Security Deposit: 1.50

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1989
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • AgentOnly_ListPriceByAcre: 12500.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room, Living Room
  • Total Bedrooms: 4
  • Total Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Built-In Electric Oven, Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Microwave, Range Hood, Trash Compactor
  • Total Sq Ft: 3901

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Cul-De-Sac
  • Sideof Street: E

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Side Entrance, Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: Oakriver48098@gmail.com
  • Association Fee: 233
  • Association Contact: https://www.oakriverwest.org
  • Association Fee: Yes

Fee Information

  • Additional Fee: 300.00

Lot Info

  • Lot Size Area: 0.36
  • Lot Dimensions: 88.00 x 175.00
  • Parcel Number: 2018229004

Multi Family

  • Length of Lease: 12 Months, 11 Months Or Less, 13-24 Months

MLS Schools

  • School District: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2006
Sold by
Shah Paresh M and Shah Rita
Bought by
Paresh Shah & Rita Shah Revocable Living and Shah Paresh
Current Estimated Value
$893,753

Purchase Details

Closed on
Oct 27, 1995
Sold by
Duika Michael
Bought by
Shah Paresh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,100
Outstanding Balance
$4,574
Interest Rate
7.44%
Estimated Equity
$889,179
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paresh Shah & Rita Shah Revocable Living -- None Available
Shah Paresh M $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Paresh M $332,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Rented $4,500 0.0% --
01/01/2025 01/01/25 Under Contract -- -- --
10/22/2024 10/22/24 For Rent $4,500 +3.4% --
09/21/2021 09/21/21 Rented $4,350 -3.3% --
09/12/2021 09/12/21 Under Contract -- -- --
07/19/2021 07/19/21 For Rent $4,500 +4.7% --
09/30/2020 09/30/20 Rented $4,300 +14.7% --
04/02/2020 04/02/20 Price Changed $3,750 -0.2% $1 / Sq Ft
04/02/2020 04/02/20 Price Changed $3,759 -6.0% $1 / Sq Ft
02/20/2020 02/20/20 Price Changed $4,000 -5.9% $1 / Sq Ft
01/14/2020 01/14/20 For Rent $4,250 +21.4% --
05/25/2014 05/25/14 Rented $3,500 +6.1% --
05/25/2014 05/25/14 Under Contract -- -- --
01/26/2014 01/26/14 For Rent $3,300 +17.9% --
07/01/2012 07/01/12 Rented $2,800 -6.7% --
07/01/2012 07/01/12 Under Contract -- -- --
06/15/2012 06/15/12 For Rent $3,000 +15.4% --
05/31/2012 05/31/12 Rented $2,600 -7.1% --
05/09/2012 05/09/12 Under Contract -- -- --
04/02/2012 04/02/12 For Rent $2,800 -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $10,354 $293,930 $0 $0
2015 $12,446 $262,780 $0 $0
2014 -- $241,850 $0 $0
2011 -- $216,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240078474

Realcomp

APN: 20-18-229-004